Citi Adopts TradeSmart, Sunsets LavaX

"We spent a fair amount of time reviewing the available EMS vendors and chose TradingScreen for the breadth of its offering," says Shane Swanson, head of electronic transaction services for Citi's Lava Trading business. TradeSmart will become Citi's preferred institutional buy-side EMS platform to access Lava smart routing technology, explains Swanson. "This includes the LavaFlow ECN, GOTO routing and Color­Book," he adds.

Citi plans to begin the transition to the new front-end trading platform

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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